Setting a utility billing program on auto pilot just doesn't work. Rates, regulations, and your assets change. Common Issues: -Strategic goals for the asset were never considered or discussed. -Billable items are overlooked or not considered. -Non-compliant fees are passed back to residents. -Vague resident communication during start-up and for new move-ins. -Poorly executed program implementation. -Billing errors and on-going quality control. -Inattention to program collection results. -Resident data errors. -Limited visibility to recovery details. -Lack of regular program review. If any of these issues are impacting your program, it's time for a change. #WESavetogether #utilitybilling
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If you are currently billing your residents for utilities, conducting an audit of your existing billing program can help you identify additional recovery opportunities. #WESavetogether
Utility Billing Program - Minol
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A successful billing program is about accurate, on-time billing and a positive customer experience. When choosing the right billing method, there are three key factors to consider. 💡 Do I want to measure individual usage or allocate expenses across the community? 💡 What is my expense recovery goal? 💡 What is allowed within city and state regulatory guidelines? A Minol Utility Billing expert can help you choose a custom billing solution that positively impacts your NOI.
Utility Billing Program - Minol
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Did you know that there are 10 super important utility billing things that on site teams need to be prepared to communicate to residents if they ask? In this video I'm walking through those 10 things and explaining WHY you have to be able to access and explain these items to your residents. https://lnkd.in/eFgirXRg
Utility Billing Expectations: What You Need to Know
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I specialize in advising power and utilities companies navigate their financial, accounting, and rates needs, ensuring they achieve financial success and deliver outstanding service.
You can run your electric co-op or utility budgets on KPI's. Here's how. FERC Accounting Best Practices | Using the FERC System of Accounts to Develop Key Performance Indicators (KPIs) https://lnkd.in/gdi9wu7f #electrification #power #utility #electric #publicpower #accounting
Using KPIs in Managing Your Electric Co-op and Utility
utilityeducation.com
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Fantastic feedback from D A Cooper & Sons on how the team handled an incorrect billing for them. Have you recently used one of our services? We’d love to hear back on how we’ve done. Tell us your thoughts at: https://bit.ly/3VK1EYF #Feedback #Testimonial #BusinessEnergy #EnergyUK
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Understanding your utility bill just got easier! 💡 Dive into the world of utility billing and learn how submetering can revolutionize your cost management. #UtilityBilling #Submetering #CostSavings 📊 #HydroRead
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Managing Partner, Head of Industry Practices at West Monroe Partners | Creates Value via Strategy & Technology Consulting
Great insight from our #utilities team here on what recent FERC orders mean for your organization. Here's where to get started. https://lnkd.in/ec8sW-9i
Navigating FERC orders: Strategies for successful transmission development | West Monroe
westmonroe.com
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Did you know that UMS was founded by a former power company executive? As an engineer and account representative for commercial and industrial customers, Brian Coughlan PE BSEE MSEE MBA CEM CEA CEP found many customers missed out on no-risk savings opportunities due to the complexity of utility bills. Brian founded UMS on the idea of acting as our client's advocate ensuring you are paying less for the same services. #UMS #aboutus #IOU #utilities #powerprovider #utilitybills #savings
About - UMS - Utility Management Services
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🔌💧 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗨𝘁𝗶𝗹𝗶𝘁𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝘄𝗶𝘁𝗵 𝗥𝗘𝗣𝗦! 💧🔌 Managing utilities can be a daunting task, but not with REPS by your side! We break down utility management into three key parts: Read, Report, and Act. From reading meters to providing detailed reports and acting on any discrepancies, we've got you covered. Tap for details - https://lnkd.in/dRNJTg9U #UtilityManagement #PropertyManagement #RepsonlineSA #Efficiency #SmartManagement
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